Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-03-22
MRS. GREEN'S MILLIONS.
She Has Added TO Them In Chicago as Well
AS III This Olty.
Cb3caoo

usually stops at the Soutnern Hotel,
humble but respectable hOstelTy, where
she takes room without fire, and for it,
with board, pays 81 25 day. The last
time Mrs. Green was here the weather
CHANGED 10 be winter, but she went
around town wearing an old black straw
hat, black veil and an CID shawl. Some
times she stops with sister-in-law on
the West Side, poor woman who has 8
pretty hard struggle TO get along. Stop
ping there is even cheaper for Hetty than
ter's she does her own washing to save
laundry bills.
Just after the great fire of 1871 Mrs.
Green loaned about 100000 on Chicago
real estate, gilt-edged, and at stiff rate
of interest. On portion of these loans
she finally foreclosed, and gradually pur-
chased othet property, until her total in
vestment here reached something like
$500, 900. This property is now worth
nearly million. Much Oft is downtown
business property, earning handsome
revenue. 1t is to look after this property
that Mrs. Green occasionally visits Chi
cagO. Her agent never knows when she
is coming, as she has habit Of dropping
IN on him unawares. She is a very keen
old wOmaO. She goes about TO building
after building, inspecting walls and floors,
looking after the work of the janitOrs,
etc. Her last visit TO Chicago is greatly
regretted by colored janitor employed
in one of her buildings. He saw cranky
looking old woman proving about the
premises one day, and not getting salts
factory replies to his interTCgstOrles, he
threw her into the street. The janitor
was not discharged-he was faithful
man-but he had his wages cut down 81
a week, and they have been cut ever
since.
Mrs. Green is an inveterate Spectator.
When the activity in Wall street began
last fall she lefE her New Hampshire farm
and went to New York in order to be near
the speculative heart. To avoid hotel
bills in the city she went to live l. cheap
clearinghouse at Fair RockaWaY. Mrs.
Green never willfully vast d dollar
since she came into the possession of the
fortune Of her father, who slew whales tor
a living. Whaling was big business III
the days when Mrs. Green's gruf parent
sent craft out from New Bedford and
pulled his clay pipe until they came back
with CargOes Of oil to add TO his big pile.
When he went hence he left 100000
tG his daugh er HeUty, and an aunt Of the
latter su )sequeDtly added $G,000,OOO more
when she bid GdieU to worldly cares.
Miss Hetty, for she was a spinster then,
cid not let her hap of gold mildew. She
kept it in such constant use that the mill
ing was worn Q IF the edges, aud when she
welded she could have signed her name
for check for $40, 100000 if it had
pleased her to do so. Just as soon as the
nuptial event was over she resumed her
SnpcpEHp6 n
adding 5000, 900 more to her fortune.
She proposes to continue her mOney-get-
ting occupation as long as she is spared
to do it.
She was formerly the great power in
the stock of the Philadelphia and Reading
SsilrOad, which is now prominent in stock
speculative operations. She cor
nered it with great regularity about
three times year, and made spectators
who were short of it pay for being on the
wrong side. Every one of her stock
squeeZers brought vast profits to her, and
she naturally caused a repetition of them
as often as practicable. When she had
extracted all she could from Reading as
her stock she transferred her operations
TO the stock of the Louisville and Nash
vile Railroad. She Is now the practical
owner of the property and also of the
Georgia Central. Her operations in Lou
iSville, to use the brokers' abbreViatiOn,
have made her famous. She has run the
price up and down, and made hundreds
upon hundreds of tn usands of dollars by
the process. There has been q big, long
Gull movement in Louisville during the
past few months. 1t has been Ssid all
along that the steady rise in the stock
was due to buying for London account.
There is now, however, little doubt that
Mrs. Green has seen the power at work
in the stock.
She is estimated to have made at least
81 10000 in her big deal. The stock
was moved up in the face of adverse con-
ditiOns, for the showing of the road
has not been good. The only thing that
Mrs. Green had IN her favor was the gen.
eral market, but that would not have car
ried the stock up. The operation was
plain one, but it required great bOldness
and the use of vast sums of money. The
street at large had no confidence in Lou.
isville, and WAS disposed TO bear It. The
higher it went the greater the drop would
be, spectators thought, and they kept in
Creasing the short interest.
Mrs. Green bought the stock that the
bears went short of. The bears had to
UOIION W IldhC GuSlI uCIlhSIlSS " MIS-
Green. They relied on a smash in the
price to buy the stock to return that which
they had borrowed, and they also hoped
to buy at less price than they sold. In
the latter case the difference between the
selling price and the buying price would
have represented the profit of the bears.
The smash, however, never came. Mrs.
Green had a grip on the stock Ike iron.
She kept walking the price up until she
had got the bears all scared. They saw
their losses getting bigger, and finally be-
gan to try to return their borrowings be-
fore their position became even worse
than it was.
Mrs. Green supplied the stock that was
required, and the difference between the
price at which she bought and the price
at which she sold represented her profit
and the loss of the bears.
Mrs. Green dresses as comfortably as 81
industrious washerwOman, but no more
fsshionably. she wears her clothes until
they are worn out, and by that time they
are ready for the paper mill. She rides
down town in 8 hOrSe-car, and may have
with her 81, 900, 600 in bonds done up in
piece of newspaper, Nobody would sus-
peCt her of being worth 100000 cents